Quick Bitcoin Overview:
$BTC is struggling to break its previous high of $65K, and we faced another rejection yesterday.
If we zoom in on the 4H timeframe and keep an eye on the ascending trendline, which is acting as strong support, we can only expect a dump if thereâs a clean breakdown from this ascending support. There's still a low probability of a retest at the mid-zone ($59-60K) again.
Remember - CZ is coming out of jail by this month and FTX creditors are expected to get money back in upcoming weeks.
These are some bullish news around the market. Uptober seems very bullish â
